Insider Selling: BWX Technologies (NYSE:BWXT) CEO Sells 10,000 Shares of Stock

BWX Technologies, Inc. (NYSE:BWXT) CEO Rex Geveden sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the sale, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BWX Technologies Trading Down 2.1%

BWX Technologies stock traded down $4.35 during mid-day trading on Tuesday, hitting $206.45. The company’s stock had a trading volume of 1,237,969 shares, compared to its average volume of 1,044,185. The business has a 50 day moving average price of $212.85 and a 200-day moving average price of $199.68. BWX Technologies, Inc. has a 12 month low of $106.22 and a 12 month high of $241.82. The stock has a market cap of $18.91 billion, a price-to-earnings ratio of 55.20, a price-to-earnings-growth ratio of 3.38 and a beta of 0.78. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. During the same quarter in the previous year, the company earned $0.91 earnings per share. The company’s revenue for the quarter was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, analysts forecast that BWX Technologies, Inc. will post 4.71 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th will be given a $0.27 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. BWX Technologies’s payout ratio is presently 28.88%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on BWXT shares. BNP Paribas Exane started coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $205.00 price objective on shares of BWX Technologies in a research report on Tuesday, May 5th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Truist Financial boosted their price target on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research report on Monday. Finally, Weiss Ratings upgraded shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.96.

Hedge Funds Weigh In On BWX Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alkeon Capital Management LLC grew its holdings in BWX Technologies by 163.0% in the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock worth $290,945,000 after purchasing an additional 978,000 shares during the period. Invesco Ltd. grew its holdings in BWX Technologies by 60.1% in the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after purchasing an additional 956,770 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in BWX Technologies in the third quarter worth about $163,969,000. Select Equity Group L.P. purchased a new stake in BWX Technologies in the second quarter worth about $68,902,000. Finally, Orion Porfolio Solutions LLC grew its holdings in BWX Technologies by 1,353.1% in the second quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock worth $52,403,000 after purchasing an additional 338,723 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

About BWX Technologies

BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non?defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.